With properly calibrated expectations--think minor refresh, rather than next generation--the iPad 2 continues Apple's reign as the king of tablets. If you haven't bought one yet, the iPad 2 is a stellar device that still feels like a little slice of science fiction come true.
New A5 chip and RAM significantly improve overall performance, and gaming in particular; Dual cameras work fine for video calls; Thinner, lighter unibody looks slick and makes the iPad more comfortable to use.
No transformative new features; Display is unchanged, so it still isn't usable in bright sunlight and attracts lots of smudgy fingerprints; Cameras yield poor, low-res photos; Using cameras is often difficult and requires awkward grip; No support for 4G cellular data.